Gold Fields Limited

Denver — The Dow Jones industrial average fell 94 points, or 0.9%, for the report period ended Feb. 27 to close at 10,636.88, while the Nasdaq plunged 4.8% to 2,207.82, its lowest point in two years….

Denver — In accordance with its belief that hedging gold at low prices is counterproductive, South Africa’s Gold Fields (GOLD-Q) has closed out its remaining gold hedge positions.The company bought b…

Denver — Cost-cutting measures and the weakening of the South African rand helped Gold Fields (GOLD-Q) post a profit in the fourth quarter of 2000.The company earned US$36 million (or 8 per share) d…

Denver — The Dow Jones industrial average climbed 231.39 points, or 2.2%, to 10,881.20 during the report period ended Jan. 30, in anticipation of the 0.5% interest rate cut by the U.S. Federal Reserv…

In a move aimed at strengthen- ing its operations, SouthernEra Resources (SUF-T) has appointed two South African miners to run the company.SouthernEra has been searching for new chief executive and op…

Denver — The Dow Jones industrial average was quiet during the report period ended Jan. 23, moving down 9.85 points, or 0.1%, to 10,649.81, while spot gold perked up to US$266.10 on the Comex divisio…

Until about five years ago, London’s mining giants could only watch in envy as investors paid hefty premiums for shares of much smaller companies listed on North American exchanges. London’s mining se…

Gold saw a little price action during the Jan. 17-23 report period as the Bank of England completed another gold auction, selling 803,600 oz. at US$268 per oz., with an over-allotment of 4.8 times.Ove…

Metals markets suffered a difficult start to 2001. Copper prices shed US$80 per tonne on their first trading day (Jan. 2), eventually bottoming out at a 6-month low, and nickel suffered its largest 1-…

While it didn’t provide the unremitting gloom of the years immediately following the Asian economic crisis, 2000 might be remembered by many metal producers as the year of the recovery that never was….

Denver — During the holiday-shortened report period Dec. 27, 2000-Jan. 2, 2001, U.S. markets showed little movement: the Dow Jones industrial average began the first trading day of 2001 down 1.3%, wh…

Denver — The year 2000 began on a note of optimism for mining in the U.S. The Washington Agreement, an accord of Europe’s top bullion-holders that aims to regulate and limit sales, promised to revive…